New Projects Add Fuel to Investment Market

PHOENIX—The stage is set for an active investment environment in Greater Phoenix as 2015 comes to a close. Operating fundamentals across the various commercial property types are improving and interest rates have yet to tick higher. In addition, new development projects are underway, which could provide added fuel to the investment market in the coming years as these buildings lease up and are ultimately marketed for sale, according to a recent Colliers Phoenix report.

Property fundamentals continue to improve across Greater Phoenix, supporting increased appetite for investment across the four key sectors. Investment activity in Greater Phoenix was generally fairly flat from the second quarter to the third quarter, as fundamentals for most property segments are generally improving.